ALLIANCE TECHNOLOGY FUND INC
NSAR-B, 1997-01-28
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SIGNATURE   CATHY WHITE                                  
TITLE       ASST VICE PRESIDENT 
 


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<CIK> 0000350181
<NAME> ALLIANCE TECHNOLOGY FUND, INC.
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   <NAME> ALLIANCE TECHNOLOGY FUND, INC.
       
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<CIK> 0000350181
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   <NAME> ALLIANCE TECHNOLOGY FUND, INC.
       
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<NET-CHANGE-IN-ASSETS>                     646,301,985
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<ACCUMULATED-GAINS-PRIOR>                   39,764,743
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       10,946,000
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             20,857,000
<AVERAGE-NET-ASSETS>                           182,057
<PER-SHARE-NAV-BEGIN>                            47.32
<PER-SHARE-NII>                                 (0.03)
<PER-SHARE-GAIN-APPREC>                           3.88
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              51.17
<EXPENSE-RATIO>                                   1.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

[DESCRIPTION]Report of 10f-3 Transactions
Securities Purchases in Underwritings Involving
Transactions with Donaldson, Lufkin, & Jenrette Securities Co
Subject to Rule 10f-3 Under the Investment Company Act of 1940
ALLIANCE TECHNOLOGY FUND
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD DECEMBER 1, 1995 THROUGH FEBRUARY 29, 1996
<CAPTION>
                                                                            Total
                                                              Shares        Shares   % of Issue                  Shares
                          Date     Shares   % of FundPrice perPurchased by  Issued   Purchased                   Held
Security                  PurchasedPurchasedAssets   Share    Fund Group    (000)    By Group Broker(s)          02/29/96
<C>                       <C>      <C>      <C>      <C>      <C>           <C>      <C>      <C>                <C>
Meta Group, Inc.          12/01/95 8,700    0.02%    $18.00   10,600        2,400    0.44%    Robertson, Stephens0
BE Semiconductor Industrie12/04/95 79,000   0.14%    $13.00   79,000        9,600    0.82%    Morgan Stanley     0
Citrix Systems, Inc.      12/08/95 11,000   0.02%    $15.00   16,400        2,500    0.66%    Lewco Sec Agent    0
Meta Tools, Inc.          12/12/95 23,800   0.06%    $18.00   35,300        3,000    1.18%    Alex, Brown & Sons 0
Omnipoint Corp.           01/26/96 12,900   0.03%    $16.00   18,600        7,000    0.27%    Raymond James & Ass0
Vitalcom, Inc.            02/14/96 19,600   0.03%    $12.50   19,600        2,000    0.98%    Wessels Arnold     0

</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD MARCH 1, 1996 THROUGH MAY 31, 1996
<CAPTION>
                                                                            Total
                          Date     Shares   % of FundPrice perPurchased by  Issued   Purchased                   Held
Security                  PurchasedPurchasedAssets   Share    Fund Group    (000)    By Group Broker(s)          05/31/96
<C>                       <C>      <C>      <C>      <C>      <C>           <C>      <C>      <C>                <C>
Indus Group               02/29/96 30,800   0.05%    $15.00   30,800        3,500    0.88%    Cowen &Co.         0
OrCAD Inc.                03/01/96 28,200   0.00%    $11.00   41,700        3,200    1.30%    Wessels Arnold     0
Premiere Technologies Inc.03/05/96 58,600   0.12%    $18.00   86,400        6,500    1.33%    Alex, Brown & Sons 0
Forte Software Inc.       03/11/96 9,400    0.02%    $21.00   13,900        1,850    0.75%    Morgan Stanley & Co0
Eagle River Interactive In03/21/96 26,300   0.04%    $13.00   39,300        4,000    0.98%    Salomon Brothers In0
Intelliquest Information G03/22/96 9,600    0.02%    $17.00   14,900        1,925    0.77%    Blair, William and 0
Lucent Technologoes       04/03/96 78,000   0.24%    $27.00   272,300       111,000  0.25%    Morgan Stanley/Gold0
Microwave Systems Corp.   04/03/96 17,800   0.02%    $10.00   26,500        2,500    1.06%    Alex, Brown & Sons 0
Transition Systems, Inc.  04/18/96 43,100   0.08%    $18.00   64,100        6,000    1.07%    Jeffries & Co.     43,100
                                                                                              Alex, Brown & Sons 43,100
Edify Corp.               05/02/96 10,300   0.02%    $15.00   15,200        2,500    0.61%    Goldman Sachs      10,300
Open Vision Technoloies   05/07/96 19,800   0.03%    $14.00   30,000        2,735    1.10%    Alex, Brown & Sons 0
Nova Corp.                05/08/96 45,100   0.08%    $19.00   45,100        3,500    1.29%    Alex, Brown & Sons 45,100
Vincam Group Inc.         05/09/96 5,500    0.01%    $15.00   27,000        2,200    1.23%    Bear Stearns       0
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD JUNE 1, 1996 THROUGH AUGUST 31, 1996
<CAPTION>
                                                                            Total
                          Date     Shares   % of FundPrice perPurchased by  Issued   Purchased                   Held
Security                  PurchasedPurchasedAssets   Share    Fund Group    (000)    By Group Broker(s)          08/31/96
<C>                       <C>      <C>      <C>      <C>      <C>           <C>      <C>      <C>                <C>
Affiliated Computer Servic06/24/96 132,000  0.68%    $48.00   132,000       4,028    3.28%    Bear Stearns       13,200
Farallon Communications   06/13/96 18,500   0.03%    $16.00   28,000        2,250    1.24%    Cowen & Co.        270,000
</TABLE>
<TABLE>
10f-3 TRANSACTIONS FOR THE PERIOD SEPTEMBER 1, 1996 THROUGH NOVEMBER 30, 1996
<CAPTION>
                                                                            Total
                          Date     Shares   % of FundPrice perPurchased by  Issued   Purchased                   Held
Security                  PurchasedPurchasedAssets   Share    Fund Group    (000)    By Group Broker(s)          11/30/96
<C>                       <C>      <C>      <C>      <C>      <C>           <C>      <C>      <C>                <C>
CellNet Data Sys.         09/27/96 20,500   0.03%    $20.00   20,500        5,000    0.41%    Morgan Stanley & Co0
Cymer Inc.                09/18/96 1,000    0.00%    $9.50    12,500        3,340    0.37%    Needham & Co.      0
Cymer Inc.                09/18/96 7,400    0.01%    $9.50    12,500        3,340    0.37%    Morgan Stanley & Co0
Document Sciences Corp.   09/20/96 13,800   0.01%    $12.00   20,500        2,300    0.89%    C.J. Lawrence      0
Intelligroup Inc.         09/27/96 800      0.00%    $10.00   40,100        8,170    0.49%    J.P. Morgan        0
Intelligroup Inc.         09/27/96 3,000    0.00%    $10.00   40,100        8,170    0.49%    UBS Securities     0
Intelligroup Inc.         09/27/96 22,800   0.02%    $10.00   40,100        8,170    0.49%    Cowen & Co.        0
Intelligroup Inc.         09/27/96 1,300    0.00%    $10.00   40,100        8,170    0.49%    McDonald & Co.     0
Technology Modeling Associ09/20/96 12,300   0.01%    $12.00   19,000        3,000    0.63%    Lewco Sec.         0
Technology Modeling Associ09/20/96 700      0.00%    $12.00   19,000        3,000    0.63%    Morgan Stanley & Co0
Orckit Communications LTD 09/27/96 18,700   0.02%    $16.00   25,100        3,300    0.76%    Alex, Brown & Sons 0
Advanced Fibre Communicati09/30/96 32,500   0.07%    $25.00   44,300        4,500    0.98%    Morgan Stanley & Co0
Advanced Fibre Communicati09/30/96 200      0.00%    $25.00   44,300        4,500    0.98%    Fahnestock & Co.   0
Cybermedia Inc.           10/23/96 20,200   0.03%    $16.00   31,100        2,500    1.24%    Lewco Sec.         0
Infinity Finl Technology I10/25/96 3,500    0.00%    $16.00   14,000        2,690    0.52%    C.J. Lawrence      0
Infinity Finl Technology I10/25/96 5,500    0.01%    $16.00   14,000        2,690    0.52%    Goldman Sachs      0
Midway Games Inc.         10/30/96 183,500  0.31%    $20.00   184,800       5,100    3.62%    Oppenheimer & Co.  0
Storm Technology Inc.     10/01/96 61,300   0.05%    $10.50   61,300        2,850    2.15%    Goldman Sachs      35,800
Superior Consultant Inc.  10/10/96 400      0.00%    $16.00   43,000        2,500    0.17%    McDonald & Co.     0
Superior Consultant Inc.  10/10/96 2,500    0.00%    $16.00   43,000        2,500    0.17%    Blair, William and 0
Sabre Group Holdings      10/10/96 177,800  0.37%    $27.00   271,500       20,200   1.34%    Goldman Sachs      0
Trusted Information Sys. I10/10/96 32,000   0.03%    $13.00   49,000        3,400    1.44%    J.P. Morgan        0
White Pine Software, inc. 10/11/96 55,600   0.04%    $9.00    82,200        3,000    2.74%    Cowen & Co.        0
XL Connect Solutions Inc. 10/17/96 300      0.00%    $15.00   29,800        2,900    1.03%    Soundview Financial0
XL Connect Solutions Inc. 10/17/96 19,400   0.02%    $15.00   29,800        2,900    1.03%    Alex, Brown & Sons 0
Ingram Micro Inc.         10/31/96 97,600   0.14%    $18.00   133,700       20,000   0.67%    Morgan Stanley & Co147,600
</TABLE>
1-Purchase may not exceed 3% of Fund's Total Assets.
2-Purchases by all Alliance Funds may not exceed the greater of (i) 4% of
the principal amount of the offering or (ii) $500,000 in principal amount,
but in no event may exeed 10% of the principal amount of the offering.



[DESCRIPTION]Auditors Report of Internal Control
January 9, 1997

Board of Directors
Alliance Technology Fund, Inc.
In planning and performing our audit of the financial statements of 
Alliance Technology Fund, Inc. for the year ended November 30, 1996, 
we considered its internal control structure, including procedures for 
safeguarding securities, in order to determine our auditing procedures for the 
purpose of expressing our opinion on the financial statements and to comply 
with the requirements of Form N-SAR, not to provide assurance on the internal 
control structure.
The management of Alliance Technology Fund, Inc. is responsible for 
establishing and maintaining an internal control structure.  In fulfilling 
this responsibility, estimates and judgments by management are required to 
assess the expected benefits and related costs of internal control structure 
policies and procedures.  Two of the objectives of an internal control 
structure are to provide management with reasonable, but not absolute, 
assurance that assets are safeguarded against loss from unauthorized use or 
disposition and that transactions are executed in accordance with management's 
authorization and recorded properly to permit preparation of financial 
statements in conformity with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors or 
irregularities may occur and not be detected.  Also, projection of any 
evaluation of the structure to future periods is subject to the risk that it 
may become inadequate because of changes in conditions or that the 
effectiveness of the design and operation may deteriorate.
Our consideration of the internal control structure would not necessarily 
disclose all matters in the internal control structure that might be material 
weaknesses under standards established by the American Institute of Certified 
Public Accountants.  A material weakness is a condition in which the design or 
operation of the specific internal control structure elements does not reduce 
to a relatively low level the risk that errors or irregularities in amounts 
that would be material in relation to the financial statements being audited 
may occur and not be detected within a timely period by employees in the 
normal course of performing their assigned functions.  However, we noted no 
matters involving the internal control structure, including  procedures for 
safeguarding securities, that we consider to be material weaknesses as defined 
above as of November 30, 1996.
This report is intended solely for the information and use of management and 
the Securities and Exchange Commission.
	ERNST & YOUNG LLP




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